Climate change is a global emissions problem.
California produces about 1% of the world’s greenhouse gas emissions.
Over the next few decades, the majority of emissions will come from developing countries.
If we don’t solve the problem in the developing world, we don’t solve the problem.

The California Air Resources Board (ARB) held its second auction for greenhouse gas allowances this past Tuesday (Feb. 19). Severin Borenstein blogged about his reactions to the first auction held back in November 2012 here.

As a quick refresher, in the first auction, the market clearing price for a “current” vintage … More >

I’m a little late to the game here, but I’ve finally had a chance to read Harvard Prof. Skocpol’s post mortem of why she thinks cap-and-trade legislation failed in the U.S. Congress in 2009-10, and what she thinks the best way forward in the future is. (Dan blogged about this … More >

There has been considerable discussion of Governor Romney’s views about the causes of climate change and about policies such as cap and trade. It’s not easy, however, to find detailed documentation. For that reason, I’ve assembled as much information as I could find about what Romney has said and done … More >

Given Newt Gingrich’s current spurt in the polls, it’s worth taking a bit of a closer look at his environmental views. He favors dismantling EPA, which should make him popular with the tea party. But apparently he has problems in that quarter: